Another project? are you prepared to cop yet another cap raise to fund acquisition and exploration? Don’t give these guys any ideas, they might just do it!
The company needs to quickly demonstrate value of its current suite of active tenements, and sell-off and/or JV the assortment of marginal unitilised tenements it has scattered throughout mexico
News on Prom would obviously be welcome. Company stopped talking about that a while ago though. now relegated to the bottom shelf with all the other failures
Someone wondered this morning if the current downtrend is attributable to ‘price manipulation’ by mysterious forces trying to get their hands on our precious AzS shares. Absolute nonsense!
The current downtrend commenced on receipt of Oposura assays showing grade discontinuities, accelerated on release of the QAR showing worsening cash burn and fell off a cliff after disappointing Teck results
This has all happened during low volumes and within bounds of an entrenched pre-existing correction.
No need for conspiracy theories at the present time, the market simply doesn’t like what it sees.
Ann: RIU Sydney Resources Round-Up Presentation - May 18, page-60
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